Office Suite with Executive
New
For Sale
Contact for pricing
42 NW 27th Ave # 310, Miami, FL 33125
The third-floor space includes a second office and a reception area, with utilities included.
Property Size67,055 SF
Price / SF$0.00
Days on Market5
Property Features for 42 NW 27th Ave # 310
General Information
Standard status
Active
Size
67,055 SF
Property subtype
Office
Additional Details
Floor
3
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$86,143
Building Details
Building Size
67,055 SF
Year Built
1972
Listing Agency:
Synergy Realty Advisors
Listed By:
Andros Sarduy · License #3225429
(305) 297-3557
Source:
Batrare
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 15 at 5:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Synergy Realty Advisors
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Investment Insights
Based on property information with market context.
This third-floor office suite offers approximately 1,345 square feet, with an executive office featuring large windows, a second office, and a spacious reception area. Recent floor improvements include new flooring, air conditioning, and baseboards. Utilities are included.
The suite is in the Del Toro Insurance building at 42 NW 27th Ave in Miami, just north of W Flagler St, with access to SR-836. The building provides surface parking and 88 covered spaces. The reconfigured floor contains eight suites ranging from approximately 640 to 3,652 square feet, including a built-out podcast studio and executive suites with windows and views.
The suite is in the Del Toro Insurance building at 42 NW 27th Ave in Miami, just north of W Flagler St, with access to SR-836. The building provides surface parking and 88 covered spaces. The reconfigured floor contains eight suites ranging from approximately 640 to 3,652 square feet, including a built-out podcast studio and executive suites with windows and views.
Key Highlights
- Approximately 1,345 SF with an executive office, second office, and reception area
- Third‑floor suite in the Del Toro Insurance building at 42 NW 27th Ave, Miami
- Reconfigured floor has eight suites ranging from approximately 640 to 3,652 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,923,640
Suggested Prices Based on Cap Rates
Cap Rate 5%
$38,472,800
$38.5M
Cap Rate 7%
$27,480,571
$27.5M
Cap Rate 9%
$21,373,778
$21.4M
Market Conditions
NOI Build-Up for 67,055 SF
Gross rent
$3.02M $45.00/SF
− Vacancy
−$452.6K −$6.75/SF
EGI
$2.56M $38.25/SF
− OpEx
−$641.2K −$9.56/SF
NOI
$1.92M $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$38,472,800
Cap Rate 7%
$27,480,571
Cap Rate 9%
$21,373,778
Alternative Uses
Best Use
Office B
$27.48M
$24.05M – $32.06M
NOI $1,923,640 @ 7.0% cap · market cap 6,412,133.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$45.26M
$39.60M – $52.81M
NOI $3,168,379 @ 7.0% cap · market cap 10,561,263.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,085
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - The third-floor space includes a second office and a reception area, with utilities included.
Where is this office units located?
The property is located at 42 NW 27th Ave # 310 Miami, FL.
What are key features of this property?
This property features: Approximately 1,345 SF with an executive office, second office, and reception area; Third‑floor suite in the Del Toro Insurance building at 42 NW 27th Ave, Miami; Reconfigured floor has eight suites ranging from approximately 640 to 3,652 SF
